Bitcoin Bybit chart analysis May 24Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
There was no short entry position for beats either.
The 5-minute bar trend reversal has also been successfully achieved.
If the orange resistance line is broken, the short-term downtrend will be broken, but
It is a position where it is difficult to rise vertically all at once.
There is also a possibility of a sideways move.
NASDAQ movement short->long
Even the possibility of tether dominance going downhill.
After much thought, I came up with today’s strategy.
*Red finger movement path
Two-way neutral strategy
1. Chase buy at $67383.5 / stop loss when the green support line is broken
2. Short position switching at $69312.5 / Stop loss when the red resistance line is broken
3. Long position switching at $68,007 / Stop loss when the green support line is broken
Afterwards, the target for long positions over the weekend is the Good -> Great range.
Near the 30-minute resistance line
Adjustment may occur immediately at approximately 68K.
Section 1 is an extremely lateral crossing.
If you can't touch it, if you fall vertically
No. 2 -> to the bottom
Please pay attention to Nasdaq movements.
Margin trading always requires a stop loss.
My analysis up to this point is
Please simply refer to it and use it.
I hope you operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
Thank you so much.
